Institutions and firmsâ€™ internationalization: an empirical analysis on three Middle East countries
Nadine Levratto (),
Clarisse Nguedam Ntouko and
No 2017-37, EconomiX Working Papers from University of Paris Nanterre, EconomiX
On the basis of a broad definition of firmsâ€™ internationalization, this paper provides an empirical analysis of this question using a two-stage model, which first estimates the determinants of international commitment and the factors explaining the different types of internationalization strategies. The empirical analysis relies on firmsâ€™ individual data covering three countries (Jordan, Lebanon and Turkey) in 2013. We show that the probability of being internationalized and internationalization types depend on a combination of factors such as firmsâ€™ characteristics, access to finance and institutional framework. The determinants of internationalization as well as the number and types of internationalizations are heterogeneous depending firms' size and sectors in which they operate.
Keywords: Firms' internationalization; Institutions; Business climate; Middle East and North Africa (MENA) (search for similar items in EconPapers)
JEL-codes: D22 D23 O19 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ara, nep-cse, nep-cwa and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:drm:wpaper:2017-37
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